Antshares becomes NEO

in #altcoins7 years ago

Hey there stemians!

Badabimmm badabummm here comes the boooomm boooomm

So we have the rebrading of Antshares (ANS) site to NEO http://neo.org/ intitled the "China's first original public chain" !

neo.PNG
Picture from the www.neo.org site

Here you can watch the live transmission from the conference (with some parts translated in english) :
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About technical docs I would suggest the whitepaper from the old Antshares !

https://github.com/AntShares/AntShares/wiki/Whitepaper-1.1#a

Below you can read about a lot of useful info from the Whitepaper introduction ( for those who don't have the time and patience to read it all) a bit of general information !

" What is the Blockchain?

The term Blockchain originates from Bitcoin. In his bitcoin whitepaper, Satoshi Nakamoto proposed the term chain of blocks while in his following release of the original bitcoin program, the folder keeping transaction records was named blockchain. Originally, blockchain merely refers to the historical transaction data of bitcoin. The majority of the subsequent crypto-currencies named their folder of transaction data as blockchain as well, so this term began to refer to the historical transaction data of crypto-currencies.

The Technological Core of the Blockchain

We consider the technological core of the blockchain is about how to reach consensus on a distributed basis, i.e. by what mechanism, nodes in a network of no center node (or multiple center nodes) reach consensus on all transactions within the network. This consensus includes elements like the contents, the validity and the chronological order of transactions.

•Reaching distributed consensus on contents and validity via digital signature

In traditional paper-based systems, contents, or transaction instructions and authentication information (sign and seals) are stored separately. E.g. a withdrawal at a bank counter, the application signed by the client and the transaction ledger of the banking system are stored separately. This poses difficulties to people outside of the bank in authenticating these transaction instructions.

Transaction instructions and authentication information in a blockchain system are stored in bundles. A centralized database is not required for nodes, but with the digital signatures, to perform self-authentication on the integrity (not-tampered) and validity (accessible to the signer) of the transaction instructions, thus ensuring consensus on the content and its validity on a distributed basis.

•Reaching distributed consensus on the chronological order of the contents through a consensus mechanism

Due to the high-latency nature of a P2P network, the chronological order of transactions observed by different nodes may not be necessarily consistent with each other. Thus, a mechanism is required in the blockchain system to reach consensus on the chronological order of transactions. This particular algorithm of reaching consensus on the chronological order of transactions in a given time window is called the consensus mechanism, such as:

oProof of Work: Bitcoin, Ethereum(present)

oProof of Stake: Peercoin, NXT, Ethereum(future)

oDelegated Proof by Stake: BitShare, Crypti, Lisk

oUNL/Quorum Slice:Ripple, Stellar

oPractical Byzantine Fault Tolerance:Antshares(delegated Byzantine Fault Tolerance, or dBFT), Hyperledger Fabric "

So that is for now !
I will keep you posted with more news

Have a great day!

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looks like we have big times ahead of us... cant wait

By the way this NEOS
https://coinmarketcap.com/currencies/neoscoin/#charts .
It is not the same thing as NEO, just as an info !